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Nifty is trading below its significant moving averages, indicating a bearish trend.

Hot Stocks | Here is why you should bet on RITES, and Concord Biotech for short term

Jefferies also prefers Concord Biotech over its peer Glenmark Life Sciences due to its superior growth profile, strong execution track record, industry-leading margins, and favourable return ratios.

Concord Biotech hits record high after Jefferies initiates 'buy' call; sees 19% upside

Kotak Institutional Equities based on strong discounted cash flows and the company’s expertise in high entry barrier fermentation active pharmaceutical ingredients (API) segment sees a 15 percent upside potential from the current price levels.

Concord Biotech stock gains 3% as Kotak and Antique Broking issue positive coverage

Concord Biotech delivered stellar performance on its debut, rising 27 percent to settle at Rs 942.8 on the NSE, despite weakness in equity markets.

Bulk Deals: Norges Bank buys stake worth Rs 80.92 crore in Concord Biotech; Morgan Stanley picks up 1.24% in Repro India

Concord Biotech | The stock performance was much higher than analysts' expectations as well as grey market premium which was around 15 percent over the issue price.

Concord Biotech settles on debut day with 27% gains despite market correction

Most experts feel the subdued market conditions seen in the last three odd weeks had some impact on the listing performance.

Concord Biotech stock lists at 21% premium over IPO price; share price hits Rs 900 at open

Concord Biotech Ltd. operates as a research and development based biotechnology company. It manufactures active pharmaceutical ingredients through the process of fermentation, semi-synthetic and synthetic processes. The firm''s products include APIs in the immunosuppressant, antibiotic, oncology, antifungal and hypolipemic segments and enzymes. The company was founded in 2000 and is headquartered in Ahmedabad, India.

Market Cap	137.73B
Volume (M)	122,643.00
52-Wk High	1,397.05
52-Wk Low	900.05

Current Price	1,316.50
Prev Close	1,321.75
Open	1,321.75
Dividend Yield	N/A
50-Day Moving Average	1,213.18
Beta	-0.61
Avg. Volume	304,559.67
PE Ratio	N/A

52-Week High	1,397.05
52-Week Low	900.05
Market Capitalization	137.73B
EPS	N/A
Price to Book	10.17
Revenue Per Employee	N/A
Enterprise Value/EBITDA	N/A

CONCORDBIO.NSE Concord Biotech Ltd.

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